Plans have been concluded towards ensuring that each member of the National Youth Service Corps (NYSC) gets N200,000 credit facility, as the scheme enters into a partnership with Nigerian Consumer Credit Corporation (CREDICORP).
Tagged, YouthCred, eligible corps members would be able to access up to N200,000 single-digit interest loan under the programme.
Speaking at the signing of a Memorandum of Understanding (MoU) between CREDICORP and NYSC yesterday in Abuja, Managing Director/Chief Executive Officer of CREDICORP, Engineer Uzoma Nwagba, said N9billion had been earmarked for the first phase of the programme.